- July 11, 2021
- Posted by: Mayar
- Category: Business News
Egypt’s total industrial production value (excluding refined petroleum) increased 8.7% during the first quarter (Q1) of 2020, according to recent data by the Central Agency for Public Mobilization and Statistics (CAPMAS).
Total industrial production recorded EGP 183.1 billion in Q1 2020, compared to EGP 168.4 billion in Q1 2019.
Petroleum coke contributed to the highest percentage of total industrial production, reaching 28.6%.
This was followed by crude oil and natural gas extraction, which accounted for 20.0% of the industrial production value (excluding refined petroleum).
Meanwhile, the manufacture of food products accounted for 11.0% of the country’s industrial production value.
The food production value increased to EGP 39.2 billion for Q1 of 2020, compared to EGP 38.2 billion in Q4 of 2019, reflecting an increase of 2.4%.
Meanwhile, iron and steel industry manufacturing increased to EGP 30.4 billion for Q1 of 2020, compared to EGP 28.6 billion for Q4 of 2019.